MVM closes oversubscribed Fund VI at $500m hard cap

MVM closes oversubscribed Fund VI at $500m hard cap

MVM Partners has closed its sixth healthcare fund, MVM VI, with $500m in limited partner commitments. Demand was well above the hard cap. MVM has been investing in high growth healthcare businesses since 1997. MVM VI will continue this broad, global remit with...
BlackRock to acquire Jupiter Power from EnCap Investments

BlackRock to acquire Jupiter Power from EnCap Investments

BlackRock Alternatives, through a fund managed by its Diversified Infrastructure business, has agreed to acquire Jupiter Power, a US operator and developer of stand-alone, utility-scale battery energy storage systems. EnCap Energy Transition Fund I (EETF I) and...
CalPERS commits $15.2bn to private markets

CalPERS commits $15.2bn to private markets

CalPERS made commitments of up to $15.2bn to new and existing alternative investment strategies in Q3 2022, according to a report by Pension & Investments Online. The $431.2 billion pension fund made an additional $1.5 billion commitment to Tower Bridge...